American Innovation and Manufacturing

Over the past 30 years, business has compensated for the effects of the “cultural divide” and other constraints by leveraging the globalization trend. Consequently, we’ve off-shored manufacturing and other “non-core” segments of the supply chain. Meanwhile, it’s been assumed that multinationals could continue to service their demanding customers in the EU, North America, and Japan by concentrating R&D and marketing in the developed world and manufacturing wherever the cost was lowest. However, it’s becoming increasingly clear that a complex symbiotic relationship e.....